Orchid Island Capital stock fell 2.29 percent on October 2

Published on 10/05/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Orchid Island Capital stock stood at USD 5.11 on October 2, 2026, after a USD 0.12 daily decline. Q2 GAAP net income reached USD 89.2 million.

ORC, US68571X3017, Illustration mit AI erstellt.

Orchid Island Capital (ISIN US68571X3017) stock was last at USD 5.11 on the NYSE on October 2, 2026, at 4:00 p.m. ET, down USD 0.12 or 2.29 percent from the prior close. On October 1, 2026, director W. Coleman Bitting received 5,755 deferred stock units, according to StockTitan.

Second quarter profit returns

Orchid Island Capital reported USD 89.2 million of GAAP net income for Q2 2026, compared with a USD 33.6 million net loss in Q2 2025, according to StockTitan in its July 23, 2026 filing summary. Net interest income reached USD 59.972 million in the quarter, up from USD 23.154 million a year earlier, while the average interest rate spread widened to 1.94 percent from 1.15 percent, the same filing summary states.

GAAP earnings were USD 0.44 per share for Q2 2026, and book value rose to USD 7.22 per share at June 30, 2026. The combination of profit, book-value growth and a 6.21 percent unannualized quarterly return contrasts with the first-quarter loss reported earlier in 2026.

Dividend calendar stays active

The company declared a USD 0.10 per-share monthly dividend for September 2026, payable October 29, 2026, with September 30, 2026 as the record and ex-dividend date, according to Orchid Island Capital.

The August 31, 2026 portfolio update showed USD 11.154 billion of mortgage assets at fair value and USD 10.705 billion of borrowings, according to StockTitan. Fannie Mae securities represented 52.1 percent of the portfolio and Freddie Mac securities 47.9 percent, highlighting the company's concentrated Agency RMBS structure.

Stock remains below book value

At USD 5.11 on October 2, 2026, the stock was 29.2 percent below the USD 7.22 book value per share reported for June 30, 2026. The same market snapshot places the 52-week range at USD 4.99 to USD 8.40, with a market capitalization of USD 886.6 million and volume of 10,896,400 shares.

NYSE price and investor view

Orchid Island Capital stock was last at USD 5.11 on the NYSE on October 2, 2026, at 4:00 p.m. ET. The price sits USD 0.12 below the prior close and USD 2.11 above the 52-week low, leaving the dividend schedule and book-value gap as the clearest valuation reference points.